DocumentCode
1044827
Title
A unified framework for multicriteria evaluation of transportation projects
Author
Shang, Jennifer S. ; Tjader, Youxu ; Ding, Yizhong
Author_Institution
Joseph M. Katz Graduate Sch. of Bus., Univ. of Pittsburgh, PA, USA
Volume
51
Issue
3
fYear
2004
Firstpage
300
Lastpage
313
Abstract
Transportation project selection is one of the most important planning activities encountered by a government, especially in a developing city. In this paper, we explore the potential of applying the analytic network process (ANP) to evaluate transportation projects in Ningbo, China. ANP differs from traditional hierarchical analysis tools in that it allows feedback and interdependence among various decision levels and criteria. Compared with the conventional transportation evaluation methods, our model has incorporated a much wider range of long-term and short-term factors, which are classified into benefits, opportunities, costs, and risks. Tactical and operational issues are taken into consideration. The evaluation framework is comprehensive and flexible, and shows great potential for helping decision-makers and others concerned with the transportation decision-making process.
Keywords
cost-benefit analysis; decision making; risk analysis; town and country planning; transportation; ANP; analytic network process; decision-making process; evaluation framework; long-term factors; multicriteria decision making; operational issues; planning activities; short-term factors; tactical issues; transportation project evaluation; Cities and towns; Decision making; Feedback; History; Investments; Local government; Rail transportation; Rivers; Throughput; Urban areas; ANP; Analytic network process; multicriteria decision making; transportation project evaluation;
fLanguage
English
Journal_Title
Engineering Management, IEEE Transactions on
Publisher
ieee
ISSN
0018-9391
Type
jour
DOI
10.1109/TEM.2004.830848
Filename
1317176
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